A Step-by-Step-Guide on how to buy Binance Coin (BNB) in Burma
Step 1 – Join Coinbase and recieve 10$ for free You will first need to buy one of the major currencies. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Follow the Link below for registration and getting your welcome 10$.
Step 2 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. Binance Coin (BNB) is accessible on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Exchange? (Just follow this manual) Make sure you have selected the right coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, et cetera. In the case you are using a decentralized exchange, like Airswap or DDEX could be different (Just follow our manual).
Step 3 – Find Binance Coin (BNB) As soon as your deposit has been affirmed, you'll instantly have access to your assets and you can begin purchasing and trading. To invest in (BNB) Binance Coin on Binance, you'll want to hover over the “Exchange” tab and click on “Basic”. To spot Binance Coin (BNB), you'll need to insert the short name of the asset (BNB) into the search box, which is highlighted in the image. Make sure you have selected the right pairing, we have marked this also. Click on “BNB/BTC” to proceed.
Step 4 – Buy (BNB) Binance Coin Once you have discovered (BNB) Binance Coin, you will be given a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). For now we're going to create our own Limit Order. The field with the “Price” tag will be filled automatically with the up-to-date price Binance Coin (BNB) was sold for. This can be changed to your desired rate. The field with the “Amount” tag is the amount of BNB you wish to purchase. The field with the “Total” tag is the whole price in BTC that you'll pay for the complete quantity of BNB. If you're happy, make a mouse click on “Buy BNB”. Your plan will be filled as soon as a Vender sells their BNB for the price you submitted.
Step 5 – Withdraw Binance Coin (BNB) Unless you are trading, best advise is not to keep your crypto on an Crypto Exchange for an extended time period. In order to take off your Binance Coin (BNB), go to the “Funds” tab and mouse click on “Withdraw”. Binance Coin (BNB) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Binance Coin (BNB) by using the given drop-down box. Enter the amount of (BNB) Binance Coin you would wish to take off. Take into account the displayed fees/minimums. Also make sure you have entered your correct withdraw address. If you're happy, click “Submit”. You could be requested for phone/email verification before a take off.